Report: Suns halt trade talks with Lakers for Pau Gasol

The Phoenix Suns have stopped talks to acquire Pau Gasol because they feel the Los Angeles Lakers want too much for the four-time All-Star center, according to Mike Bresnahan of the Los Angeles Times.

Gasol is projected to be out at least two weeks after receiving a PRP injection from Dr. Steven Yoon on Monday.

Phoenix could own four picks in the June draft, and the Lakers coveted one of the more valuable two — the pick the Suns could potentially get from Minnesota or the one they might receive from Washington.

Both of those picks are protected and will revert back to Washington and Minnesota if they stumble. The Wizards’ pick is top-12 protected, so the Suns technically own it at this point (17th overall before Tuesday’s games), while the Timberwolves’ pick is top-13 protected, meaning Minnesota holds it right now (12th overall before Tuesday).

Phoenix also has its own pick (22nd overall as of Tuesday afternoon) and Indiana’s pick (currently 30th) in the draft, which is considered one of the best in years.

The talks could, of course, resume before the Feb. 20 trade deadline but the Lakers were reluctant to deal Gasol without receiving what they felt was adequate compensation. To make a trade with Phoenix work, the Lakers would have to take back the expiring contract of veteran center Emeka Okafor, who has not played this season because of a neck injury.

Gasol is making $19.3 million in the last year of his contract. Okafor is making $14.4 million.